Good morning
Equities are pulling in premarket the dollar continues to struggle while gold is catching a small bounce. We have had a nice move in the markets this week off of earnings which have been coming in strong.
However, we have a lot of stocks out there that have already had nice moves into earnings like Microsoft which was up 9 out of the last 10 days. We also have a lot of sectors that are overbought or a bit extended so it would not be a huge shock to see the markets take a pause.
Always have a plan for every trade. Best of success always and have a fantastic weekend.
Stocks on the radar this morning
1. GE long term hold consideration in the 24 range to start building a position
2. HD potential long term hold consideration 140. potential area to start building a position
3. PLUG chronic pop and flopper could be a day trade consideration do not chase
4. BCLI potential day trade opp off pr 5 roll look for intraday setup
5. LXRX pr potential day trade flirting with a 17 roll
6. RMBS nice looking daily chart earnings next week potential day trade opp
7. IAG decent looking miner chart if gold rips could be a swing or day trade opp
8. SYRS small floater with pr good looking daily need volume for potential day trade
9. TLGT pr potential day trade opp need volume do not chase
10. NVCR potential day trade or higher risk swing nice looking chart
11. ESES potential red to green move day trade opp off pr yesterday
12. AEZS gapper premarket very extended do not chase potential scalp opp
July 21st 2017 Free Friday Premarket Prep from Alpha Wolf Trading on Vimeo.
